The Author

Benoît Gailly
Professor Gailly has a PhD in Applied Mathematics from the Université catholique de Louvain (UCL), a European Master’s Degree in Society, Science and Technology from Roskilde University, and an MBA from INSEAD.Read more

The Book

Navigating Innovation
Every firm must maintain an entrepreneurial ecosystem and a coherent innovation strategy in order to stay ahead of the competition. For managers this means being able to build a vision of what innovation looks like in the context of their organization, fostering entrepreneurial behaviour, spotting opportunities and making the right decisions. Based on years of practical experience and unique insight, this handy guide identifies fundamental challenges and is rooted in concrete examples.Read more

Create innovation ecosystems: lands of opportunities

The strength of a regional innovation ecosystem is driven by the combination of effective infrastructures and institutions with the availability of relevant financial, human and knowledge resources.

Beyond the start-up myths, weaknesses such as lack of talent and ambition imply that most new firms emerging in a regional ecosystem will be low-growth and low-tech.

Untamed free markets often fail to support sustainable innovations. Targeted andeffective public interventions are also needed for strong innovation ecosystems to emerge and strive.

A wide range of private and public innovation support mechanisms should be carefully deployed and leveraged in order to strengthen regional innovation ecosystems and foster the scale-up of entrepreneurial ventures.

(Article) Davidsson, P., & Klofsten, M. (2003). The business platform: Developing an instrument to gauge and to assist the development of young firms. Journal of Small Business Management, 41(1), 1-26.

(Article) Koch, L. T., Kautonen, T., & Grünhagen, M. (2006). Development of cooperation in new venture support networks: the role of key actors. Journal of Small Business and Enterprise Development, 13(1), 62-72.